2020 Frontier DrBismarck, ND 58504

Property Details for 2020 Frontier Dr

Year built

1999

Lot size

0.62 AC

Property size (Sq ft)

8,040 SF

Zone code

MA

Property type

Retail properties

Property subtype

Retail space

APN

0768-003-050

APU

768003050

Description

This exceptional 8,040-square-foot flex space, situated on a 26,981-square-foot lot at 2020 Frontier Dr in Bismarck, North Dakota, presents a compelling owner-user opportunity. The Class B building, zoned MA, boasts a steel frame construction and a clear-span design, offering remarkable adaptability for various business needs. Currently configured as office and shop space, the property features 13-foot wall heights, two 12x12 overhead shop doors, and radiant heat in the shop area. The office section is comfortably heated by two forced-air furnaces and includes two bathrooms with showers and a sizable break room. This southeast Bismarck location provides excellent accessibility and visibility. The property's versatile layout and ample space make it ideal for expansion or customization to suit specific operational requirements. The asking price is $1,250,000. This is a rare opportunity to acquire a well-maintained, adaptable industrial property in a thriving North Dakota market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,848,470

  6.5%

  $1,706,280

  7%

  $1,584,403

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,034,111

  Geo Method

  $1,034,111

• Alternative Use

  Use

  Valuation

  Residential

  $1,439,311

  Hospitality

  $1,318,402

  Educational

  $1,096,895

  Medical

  $1,134,618

  Retail

  $1,706,280

Location Insight

City

Bismarck

County

Burleigh

State

North Dakota

Latitude

46.7885

Longitude

-100.76

CBSA code

13900

CBSA name

BISMARCK, ND METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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